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Jul 28, 2011
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itself.he i keep hearing some members talk about the august 2 deadline as is if it is no big deal. they say they have their owneal theories about when the real deadline is. that just leaves me dumbfounded. i for one i'm going to take the treasury secretary and virtually every economist at their word.ot we need a solution before august august 2 or we risk economicstr. catastrophe. who there are some members who are essentially saying that the treasury can pirate sites payments to avoid default byt b getting social security checks out shouldn't be a problem. i we pro. heard their republican member onon public radio this pt weekend say that a pirate for social security checks taxes in the trust fund. well, yes, we have $2.6 trilliot in assets in the trust fund, but they are all in treasuries securities, not cash. i find it just stunning that a a member of congress let alone a i member of the budget committee understand the most basic functioning of our government. lit now, if there is no debt limit increase, treasury may be able to juggle payments to get social security checks out on
itself.he i keep hearing some members talk about the august 2 deadline as is if it is no big deal. they say they have their owneal theories about when the real deadline is. that just leaves me dumbfounded. i for one i'm going to take the treasury secretary and virtually every economist at their word.ot we need a solution before august august 2 or we risk economicstr. catastrophe. who there are some members who are essentially saying that the treasury can pirate sites payments to avoid default...
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Jul 28, 2011
07/11
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doesn't only affect big investment banks or wealthy investors. all around the country ordinary americans with 401(k)'s and college savings accounts lost money yesterday. their life savings took a hit because a small group of radical republicans who don't represent mainstream america have refused to move even one inch towards compromise. yesterday'default will lock our financiarock -- will rock our fl system to its core. many republicans urge time is running out. they've urged their colleagues to compromise. yesterday on the senate floor john mccain, the republican senior senator from arizona, and president obama's opponent in the last presidential election, asked his own party to return to reality. it is not fair, he said, that the american people hold out and say we won't agree to raising the debt limit. he called the radical republican approach -- he called the radical republican approach saying "up is down and denying the sky is blue unfair and bizzaro -- b-i-z-z-a-r-o. he further said, "it's time we listened to the market. it's time we listen
doesn't only affect big investment banks or wealthy investors. all around the country ordinary americans with 401(k)'s and college savings accounts lost money yesterday. their life savings took a hit because a small group of radical republicans who don't represent mainstream america have refused to move even one inch towards compromise. yesterday'default will lock our financiarock -- will rock our fl system to its core. many republicans urge time is running out. they've urged their colleagues...
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Jul 28, 2011
07/11
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but the big question before us now is this: when will the promised reforms begin to pop up on the radar screen? and that radar screen is our further reading of additional audits, as they come out this fiscal year and into the future. when will we see sustained improvement in audit quality? to establish a solid baseline for assessing the highly touted transformation plan, my staff took another snapshot of recent audits. my latest oversight review is best characterized as a report card and it was issued on june 1 this year. each of the 113 unclassified reports published in fiscal year 2010 were reviewed, evaluated, and graded. after each report was graded, all the scores for each report on each rating category were added up and averaged. this created a composite score for each of the 113 reports. although 15 top-quality audits are highlighted in the report card, the overall score for all 113 was d-. those low, i know. maybe the score should have been a little higher. obviously a grading system isn't perfect. it may need some fine-tuning and we're working on that. but i still believe it pr
but the big question before us now is this: when will the promised reforms begin to pop up on the radar screen? and that radar screen is our further reading of additional audits, as they come out this fiscal year and into the future. when will we see sustained improvement in audit quality? to establish a solid baseline for assessing the highly touted transformation plan, my staff took another snapshot of recent audits. my latest oversight review is best characterized as a report card and it was...
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Jul 28, 2011
07/11
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i don't believe it does, but there is a big enough -- there is a big enough, you know, slow groundswell out there that it reacts with journalists. deeply younger and younger editors in charge with less and less background, with n controls around them. as long as the profits are coming in, it's a river of go >> i would agree with toby elliott because this is not the failure of the press completely. there is a culture, which allowed a sword at cheeky he to get completely out of control and brake or troll barn side of the law. >> the guardian others indeed have lots of other generous actually took seven years and not to expose her. so you know, do we get these? i would say they generally are good to read. >> i think it is important to say that we look at the certain part of the press suggest that the press. you have to look across the media. the media as a whole is fantastically mixed. we have lots and lots of forecast in print and online, phenomenal
i don't believe it does, but there is a big enough -- there is a big enough, you know, slow groundswell out there that it reacts with journalists. deeply younger and younger editors in charge with less and less background, with n controls around them. as long as the profits are coming in, it's a river of go >> i would agree with toby elliott because this is not the failure of the press completely. there is a culture, which allowed a sword...
81
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Jul 28, 2011
07/11
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but he was bold and he was willing to take big, big leaps. i guess back to his early days as a broad jumper he was willing to take big, big leaps. as a staff perpendicular, he was extraordinary to work for. i've told the story of opening day. a few of us were in on that news but it had to be very closely held because you'd have created a run on all those banks if word had leaked. so even many of his staff people had no idea this was going on until he announced it. so that was kind of a shocker, and made -- it made for an interesting time to be a staff person. now, on another occasion he had a couple of raccoons bothering his -- on his property and they were bothering some -- a den of baby foxes and he didn't want the baby foxes to be killed by the raccoons so he took out a shotgun, went down to the end of his property and shot the two raccoons and then climbed this the car with his state trooper and headed off to work and of course described this exciting episode of his morning and the trooper said to him, governor, don't you realize that it'
but he was bold and he was willing to take big, big leaps. i guess back to his early days as a broad jumper he was willing to take big, big leaps. as a staff perpendicular, he was extraordinary to work for. i've told the story of opening day. a few of us were in on that news but it had to be very closely held because you'd have created a run on all those banks if word had leaked. so even many of his staff people had no idea this was going on until he announced it. so that was kind of a shocker,...